Madam Speaker, I am pleased to rise to speak to the motion today. I had occasion to reflect on it this morning. I had the honour for the third time since being elected to represent the NDP at the national prayer breakfast.
In the prayer for Canada and the nations offered up by the Right Hon. Chief Justice Richard Wagner, we were reminded of a call to people of faith within the Christian community to be good shepherds of the planet and the environment and that our duties extend beyond concern for our own souls and extend to the people we share the planet with and to the planet itself.
Financial implications are an important part of this question and any policy, but it was an important reminder that we had duties that extended beyond our pocketbooks. Our duty to the planet is one of those, but we are also fortunate in that there are a lot of solutions we can implement to do our part to help save the planet and the people on it. There is a lot of evidence that climate change is real, that it is happening, that there are real consequences from a practical point of with respect to costs, and they are projected to get worse.
One of those policies that we can implement is a price on carbon. We can have a debate about where exactly to put that price. The Conservatives have raised important points that we in the NDP are sensitive about the costs to low-income households. I find it odd that it would be a reason to not do anything when it comes to climate change. Absent in the comments today are real alternatives to take meaningful action on climate change.
NDP governments have shown, and my colleague from B.C. pointed out B.C. and Alberta, that what can accompany carbon pricing is a rebate program, not unlike the way we offer a rebate to low-income families with the GST. We can provide a rebate to help families that are struggling with that additional cost. That allows us to secure the benefit of a carbon tax for the environment, while at the same time responding to legitimate concerns of low-income households, whether they are pensioners on fixed incomes or single-parent families or families with two parents who are trying to hold down more than one job and are having a hard time making ends meet. Sometimes this is because of the cost of child care or the cost of housing or the cost of prescription drugs or the fact that real wages have not been rising to keep pace with the cost of the things for families to have a reasonable standard of life.
It is important for Canadians at home to resist the temptation of the dichotomy Conservatives are presenting today, that somehow it is not really doing anything when it comes to climate change in the face of a large amount of evidence to say that something is happening on the planet that is different. We are seeing some of the consequences of that simply because there are cost pressures on Canadian families.
There are all sorts of ways to try to address those cost pressures directly when we talk about a price on carbon, by having some sort of meaningful rebate system. That is where it would be important for the federal government to work with provinces, where that does not exist, to try to make that happen. It will be unfortunate if the federal government's position continues to be simply that it is just up to each province on its own because it has undertaken to implement this price on carbon.
The Liberals also need to be just as involved with the provinces when it comes to the question of how to ensure fairness for low-income families. There are ways of doing that without sacrificing the very idea of a price on carbon. More broadly, I would welcome Conservatives to the club of people who are concerned about costs for Canadian families.
We do not hear MPs on either side, not in the last election and not since, talk about the fact that the Canadian corporate income tax went from 28% in the year 2000 to just 15% today. People wonder why Canadian families are struggling. That money used to go to help fund programs and initiatives that made life more affordable for Canadians. When that income disappeared, it had a meaningful difference. It was around that time, it started a little earlier in 1995, that the federal government got out of funding new affordable housing. We are starting to see a bit of a return to that, and certainly any kind of federal investment is welcome.
I was listening to the Conservative member for York—Simcoe. He talked about the cost pressures on Canadian families as if it was simply taxes that made it impossible for Canadian families to get ahead. It was caused by a steep reduction in corporate income taxes and the hollowing out of government revenue that would support investments in new affordable housing or to sponsor a new national child care program that would make child care available and affordable to Canadian families that wanted to go to work and support their families.
The EI fund was raided by successive Liberal and Conservative governments. There has been a lack of meaningful reform to the EI program since the new government was elected. There was the lack of leadership from successive Liberal and Conservative governments in establishing a national pharmacare plan. New trade deals have entrenched intellectual property rights of pharmaceutical companies, which are milking Canadians who are beholden to them because of the state of their health, and the Liberals are doing this still in CETA and TPP. All of this has affected affordability for Canadians. Those cost pressures have come at a time when we have seen significant reductions in taxes for Canadian businesses, particularly the largest corporations. We do not hear anything from the government about closing the CEO stock option loophole in order to find ways to make life more affordable for Canadians, or to help fund a rebate on the carbon tax, although that would produce its own revenue, or to invest in child care or in new housing.
These are all options. We take the point about affordability, but we should not ask Canadians to continue to make do in an economy that has not been good to them, where Canadian household debt is at record levels because people do not make enough money at work to afford the very things they need. We see an ad on television about a Canadian family that is concerned because it has a dentist bill and a car repair. The financial institution suggests the family get a loan. The financial institution says “You're strapped and your credit cards are maxed out, but don't worry; we're here for you. We'll give you another loan.”
Canadians will not be able to overcome their cost pressures on their own. That is why we need collective solutions. That is why, on our benches, we continue to talk about a collective solution to the cost and availability of child care. That is why we talk about a collective solution to the costs of prescription drugs. That is why we talk about collective solutions to the lack of affordable housing. We know those things will help relieve those real cost pressures on Canadians. To accomplish those things, the largest Canadian corporations will have to pay their fair share, but they do not do that. They pay almost half as much as they did just 15 or 16 years ago.
It is no wonder those cost pressures have been mounting. It is no wonder Canadian households have been going further and further into personal debt in order to cover those costs. That money was in place when we had a fair corporate tax rate in Canada. Canadians are beginning to shoulder the burden of that debt.
We do not have to pit the environment against affordability for Canadians. We can work together to make life more affordable for Canadians, and we can do it while observe our sacred obligation to be good shepherds of the earth.